flexiblefullpage - default
Currently Reading

Remodeling Sentiment Remains High in the First Quarter of 2022

billboard - default

Remodeling Sentiment Remains High in the First Quarter of 2022

Remodeling market conditions are stable year-over-year, and remodelers are enthusiastic about more growth in the year ahead


April 15, 2022
Remodeling tools
Image: Stock.adobe.com

The 2022 Remodeling Market Index (RMI) from NAHB and Westlake Royal revealed positive remodeler sentiment and unchanged market conditions from the first quarter of 2021. The Current Conditions Index was 89 in the first quarter of 2022, an unchanged component from 2021, revealing strength in the remodeling sector likely caused by a backlog of projects, Eye on Housing Reports.

NAHB predicts moderate growth in the remodeling market throughout 2022, though rising interest rates and elevated materials costs could create challenges for homeowners and builders taking on new projects in the months ahead.

In the first quarter of 2022, the Current Conditions component index was  89, remaining unchanged compared to the first quarter of 2021. Year-over-year, the subcomponent measuring large remodeling projects rose four points to 89, while the subcomponent measuring moderately-sized remodeling projects edged down one point to 89, and the subcomponent measuring small remodeling projects declined by two points to 90.

Read more

leaderboard2 - default

Related Stories


Bathroom Remodeling Trends

Homeowners are upping their remodeling budgets to make their bathrooms larger, accessible, and more luxurious


A Remodeling Boom Is in Full Swing

Homeowners who can't afford to refinance and purchase a new home in today's high-cost housing market are opting to use their equity savings to renovate instead

Planning + Development

Rental Supply Shortage Leads to Sharp Uptick in Adaptive Reuse Projects

In an effort to boost rental supply and alleviate affordability concerns in the housing market, developers are transforming commercial spaces into multifamily apartment buildings

boombox1 -
native1 - default
halfpage2 -

More in Category

Get your sales and marketing teams together to create and deliver a consistent brand message from start to finish

Pundits may not agree on the timing nor the severity of the next economic downturn, but one thing’s certain: these 10 essential tactics will boost your business' efficiency, productivity, and profit

A closer look at what’s propelling the adoption of off-site construction methods in home building

native2 - default
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.